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    Exam 23: Measuring a Nations Income
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    For a Certain Economy in 2005,GDP Was $2,000;investment Was $400;government
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For a Certain Economy in 2005,GDP Was $2,000;investment Was $400;government

Question 156

Question 156

Multiple Choice

For a certain economy in 2005,GDP was $2,000;investment was $400;government purchases were $300;and net exports were $70.It follows that consumption was


A) $1,370.
B) $1,330.
C) $1,230.
D) 60 percent of GDP.

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